GREY:VITFF - Post by User
Comment by
Kenner125on Apr 09, 2020 1:38pm
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Post# 30894948
RE:Gold price
RE:Gold priceGo to VGCX website and look at latest Presentation.
VGCX can pay off the debt at these gold prices in 1 year.
They have a NPV 5% of 1 billion plus $$ at a lot lower Gold price.
VGCX is a Cash machine producing gold at a lower AISC sub $750 US with the lower C$ and oil prices.
All they have to do is layer tonnage at .84 gpt on their heap leach pad and the gold just flows.
Like I say VGCX is worth $14-$15 a share today and if a Takeover offer doesn't come soon $20 plus is in the cards.
VGCX has just over 60 million shares with options and with $2000 plus Gold the sky in the limit.